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JAKARTA — Snapcart, an Indonesian marketing research startup that analyzes data from receipts, said Thursday that it had raised $10 million from new and existing investors as it gears up for overseas expansion. The round was led by Singapore-based Vickers Venture Partners, and included funding from Social Capital, Kickstart Ventures and Endeavor Catalysts. Existing investors… View Article

Funds will be used to improve its technology, for product development, and expansion Has reached approximately 50,000 users per country in Indonesia and the Philippines (From left) Snapcart co-founder and CTO Laith Abu Rakty; founder and CEO Reynazran Royono; co-founder and CFO Araya Hutasuwan; and co-founder and CDO Teresa Condicion SNAPCART, an offline shopper and… View Article

Findings also indicate that most took their undergraduate degrees in the country, but attended graduate and MBA courses at universities abroad The latest report from Quacquarelli Symonds (QS) World University Ranking 2017/2018 stated that two Indonesian universities successfully got into higher position. They are University of Indonesia and Bandung Technological Institute. UI went up from rank 325 to 277… View Article

Silicon Valley VC Tim Draper at a press tour in 2015. Photo credit: Disney | ABC Television Group. US venture capitalist Tim Draper is today visiting Indonesia’s capital Jakarta for the first time, Bloomberg reports. Draper is known for investments in some of the most prominent names in tech, like Tesla, Baidu, Twitch, and Skype. In Jakarta, the VC plans… View Article